Nifty opens around 12,100, Sensex up 180 pts; Kotak Bank gains 5%
Among sectors, energy, infra and IT are witnessing selling pressure, while buying seen in the bank, auto and pharma.
Market Opens: It is a positive start for the February series with Nifty opened around 12,100 level.
At 09:16 hrs IST, the Sensex is up 130.98 points or 0.32% at 41044.80, and the Nifty up 36.70 points or 0.30% at 12072.50. About 473 shares have advanced, 142 shares declined, and 32 shares are unchanged.
Yes Bank, IndusInd Bank, Britannia, Tata Motors, Kotak Mahindra Bank and Bajaj Auto are among major gainers on the Indices, while losers are Wipro, Power Grid, BPCL, ONGC and ICICI Bank.
Rupee Opens: The Indian rupee opened higher at 71.44 per dollar on Friday versus previous close 71.49.